Vietnam wins new contract to sell rice to Indonesia
(VOV) - The country has won a contract to sell 1 million tonnes of rice to Indonesia after shipping 450,000 tonnes to the Philippines earlier, according to the Saigon Times Online.
According to Lam Anh Tuan, a representative of Vietnam Food Association, 750,000 tonnes out of 1 million tonnes exported to Indonesia were 15% broken rice.
Tuan stated that the selling price is rather good, while saying it is not lower than that of a recent contract signed with the Philippines (at US$426.6 per tonne).
Exporters must hand over about 240,000 tonnes per month to Indonesia based on delivery time from October 2015 to March 2016.